Bybit Leaves France Due to Regulatory Pressure

Bybit Leaves France Due to Regulatory Pressure

Bybit is one‍ of the‌ largest cryptocurrency exchanges in⁤ terms ‍of trading ‌volume. Yesterday (Thursday), ⁣the exchange announced that it would be closing its products for residents and nationals of France. The exchange ⁢cited recent regulatory developments ​in​ the country as the reason for‌ its decision.

The announcement explained that the ‌official ⁢exchange⁤ will limit its French customer accounts to close only mode⁤ starting August 2.

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